Scor SE (OTCMKTS:SCRYY) Given Average Recommendation of “Moderate Buy” by Brokerages

Scor SE (OTCMKTS:SCRYY) has earned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of research firms have weighed in on SCRYY. Zacks Research downgraded Scor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. BNP Paribas Exane downgraded Scor from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 17th. Morgan Stanley reissued an “overweight” rating on shares of Scor in a report on Thursday, May 7th. Finally, Citigroup reissued a “buy” rating on shares of Scor in a report on Thursday, May 7th.

Scor Stock Performance

SCRYY stock opened at $3.61 on Friday. Scor has a fifty-two week low of $2.95 and a fifty-two week high of $4.04. The business’s 50-day moving average is $3.69 and its two-hundred day moving average is $3.52. The company has a market cap of $6.48 billion, a price-to-earnings ratio of 6.33 and a beta of 0.58.

Scor (OTCMKTS:SCRYY) last posted its earnings results on Wednesday, May 6th. The financial services provider reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.02. Scor had a return on equity of 20.83% and a net margin of 5.79%.The company had revenue of $4.49 billion for the quarter, compared to the consensus estimate of $4.58 billion. Equities analysts predict that Scor will post 0.49 earnings per share for the current year.

About Scor

SCOR SE, trading over-the-counter as SCRYY, is a leading global reinsurer headquartered in Paris, France. Founded in 1970, the company specializes in providing property & casualty and life & health reinsurance solutions to insurance companies worldwide. By pooling and diversifying risk, SCOR enables its clients to underwrite larger exposures, stabilize loss experience and safeguard their balance sheets against extreme events.

The company’s main business activities encompass risk underwriting, claims management and portfolio solutions designed to address evolving market needs.